123 MULTISERVICE AS: årsregnskap 2022 vs 2021
Grew 893% on revenue, weaker earnings
approved 2023-05-22; registry 2023-05-24; journal 2023 422509
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for 123 MULTISERVICE AS. Revenue 15.0k NOK → 148.9k NOK (+892.8%). Net result -76.7k NOK → -431.7k NOK. Equity -52.3k NOK → -484.0k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 123 MULTISERVICE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 15.0k NOK to 148.9k NOK (+892.8% YoY). Calculated
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↑
Cash rose
Bank deposits 16.9k NOK → 51.9k NOK (+207.7% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -76.5k NOK → -431.7k NOK (op. margin -510.1% → -289.9%). Calculated
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↓
Net result weakened
Net result -76.7k NOK → -431.7k NOK (net margin -511.4% → -289.9%). Calculated
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↓
Equity eroded
Book equity -52.3k NOK → -484.0k NOK (equity ratio -33.9% → -66.0%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -66.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation